The Brazilian Central Bank ("BCB") issued, on August 29, 2017, Ordinance #4,595/2017 ("Ordinance") that regulates compliance policies applicable to financial institutions and other entities authorized to operate by the BCB. In this Ordinance, BCB compiled what it considers as being essential to the contents of such policies. Financial institutions and other regulated entities have until December 31, 2017 to adhere to the new rules.


The client alert is available in electronic format and can be downloaded through the link below.


New regulations issued by the Brazilian Central Bank regarding financial institution´s compliance policies (PDF)

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